The report found that competition among Asian countries to attract international pharmaceutical players is intensifying as governments offer various incentives. However, despite progress in strengthening government regulation and intellectual property IP protections in Asia, such risks continue to be a concern. The report was based on a survey of senior pharmaceutical executives from 92 domestic Asian companies, and 93 multinational companies with operations in nine different countries: China, India, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. Among the executives surveyed, one-third of multinational company executives said they have immediate plans to further expand in Asia through acquisitions or by development of newly built sites, and 65 percent of Asian company executives said increased global market share is important for their companies.
Country report: The healthcare market in South Korea
Country report: The healthcare market in South Korea - PMLiVE
From native apothecaries producing drugs derived from botanicals to wholesale production of drugs today, pharmaceuticals have become a big global sector in the world economy. In short, the industry has been in the forefront of the discovery, development, production, and marketing of drugs. The pharmaceutical companies have also been involved in charitable causes that have allowed drug donations in developing countries where the need for their medications is great. Most of these causes are for cancer, aids, malaria, tuberculosis, parasitic and other tropical diseases.
A Pharma Playbook for Success in Southeast Asia
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Clean governance, strong leadership, growing infrastructure, and policy endeavors have catapulted the Philippines onto a path of faster growth. The future holds promise as the Philippines has a young, growing workforce that speaks English, has remittances from abroad that are high, and has household debt that is among the lowest in Asia. Average annual growth between and was 4.